NewJersey Resources Corporation (NJR) Dividends

NewJersey Resources Corporation (NJR): $44.09

-0.63 (-1.41%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

Dividend Yield and Dividend History Highlights

  • NJR's average cash flow over the past 5.5 years is greater than 6.96% of current dividend paying stocks in the US.
  • As for stocks whose price is uncorrelated with NJR's price and thus may be suitable peers for a diversified dividend portfolio, check out the following: WPG, FF, MELI, CPB and IRS.
NJR Ex-Dividend Date
NJR Dividend Yield
3.24%
NJR Annual Dividend
$1.45
NJR Payout Ratio

NJR Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$44.09$248.97 468.56%

The Dividend Discount Model (DDM) is a valuation model that attempts to determine a fair share price for a stock, based on the dividend it provides in comparison to several company-specific metrics indicative of the riskiness of the stock and the financial health of the company. Regarding New Jersey Resources Corp, the DDM model, as implemented by StockNews, implies a positive return of 468.56% relative to its current price. To help understand and contextualize the model's evaluation of NJR, investors may wish to consider are:

  • Compared to other dividend issuers in the mid-sized market cap category, NJR's beta -- a measure of volatility relative to the market at large -- is lower than 87.32% of them.
  • NJR's market cap of approximately $4 billion makes it a mid-sized market cap company; out of dividend issuers in this group, the investment opportunity based on the difference between its current share price and its forecasted DDM value is greater than 88.22% of them.

NJR Dividend Chart


NJR Dividend History

Ex-Dividend Date Type Payout Amount Change
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NJR Dividends vs. Peers

NJR's dividend yield currently ranks #38 of 83 vs. its peers in the Utilities - Domestic category.
Rank Symbol Name Dividend Yield
1 VIA Via Renewables Inc. 9.55%
2 CAFD 8point3 Energy Partners LP - Shares 9.02%
3 SPKE Spark Energy, Inc. - 6.62%
4 OKE ONEOK Inc. 6.60%
5 PEGI Pattern Energy Group Inc. - 6.32%
6 AY Atlantica Yield plc - Ordinary Shares 5.38%
7 PNW Pinnacle West Capital Corporation 4.67%
8 EIX Edison International 4.43%
9 ALE Allete, Inc. 4.40%
10 OGE OGE Energy Corp 4.29%
11 NWE NorthWestern Corporation 4.28%
12 TERP TerraForm Power, Inc. - New 4.19%
13 AVA Avista Corporation 4.14%
14 FE FirstEnergy Corp. 4.09%
15 CWEN Clearway Energy Inc. Cl C 3.95%
16 SO Southern Co. 3.87%
17 AGR Avangrid, Inc. 3.83%
18 DUK Duke Energy Corp. 3.75%
19 POR Portland General Electric Co 3.66%
20 SJI South Jersey Industries, Inc. 3.65%
21 SR Spire Inc. 3.65%
22 NRG NRG Energy, Inc. 3.63%
23 UGI UGI Corporation 3.63%
24 NWN Northwest Natural Holding Company 3.61%
25 ETR Entergy Corp. 3.61%
26 EVRG Evergy, Inc. 3.52%
27 BEPC Brookfield Renewable Corporation 3.51%
28 PEG Public Service Enterprise Group Inc. 3.44%
29 BIPC Brookfield Infrastructure Corp. Cl A 3.43%
30 HE Hawaiian Electric Industries, Inc. 3.42%
31 D Dominion Energy Inc. 3.40%
32 ED Consolidated Edison Inc. 3.38%
33 GNE Genie Energy Ltd. Class B Stock 3.36%
34 GXP Great Plains Energy Incorporated 3.34%
35 PPL PPL Corporation 3.29%
36 AEP American Electric Power Co. Inc. 3.28%
37 BKH Black Hills Corporation 3.26%
38 NJR NewJersey Resources Corporation 3.25%
39 NI NiSource Inc 3.22%
40 EXC Exelon Corp. 3.08%
41 OGS ONE Gas, Inc. 3.06%
42 SRE Sempra 3.04%
43 ES Eversource Energy 3.03%
44 VST Vistra Energy Corp. 2.99%
45 LNT Alliant Energy Corporation 2.95%
46 PNM PNM Resources, Inc. (Holding Co.) 2.94%
47 AES AES Corp. 2.94%
48 WEC WEC Energy Group Inc. 2.93%
49 WR Westar Energy, Inc. 2.90%
50 DTE DTE Energy Co. 2.85%
51 IDA IDACORP, Inc. 2.84%
52 XEL Xcel Energy Inc. 2.81%
53 CMS CMS Energy Corp. 2.78%
54 SWX Southwest Gas Holdings, Inc. 2.77%
55 UTL UNITIL Corporation 2.70%
56 VVC Vectren Corporation 2.65%
57 AEE Ameren Corp. 2.65%
58 OTTR Otter Tail Corporation 2.52%
59 ATO Atmos Energy Corporation 2.46%
60 CNP CenterPoint Energy, Inc (Holding Co) 2.35%
61 WGL WGL Holdings Inc 2.32%
62 EGAS Gas Natural Inc. (OH) 2.29%
63 NEE NextEra Energy Inc. 2.18%
64 ARIS Aris Water Solutions Inc. 2.11%
65 MGEE MGE Energy Inc. 2.01%
66 CPK Chesapeake Utilities Corporation 1.69%
67 SCG SCANA Corporation 1.01%
68 CEG Constellation Energy Corp. 0.94%
69 NRGV Energy Vault Holdings, Inc. 0.00%
70 FLNC Fluence Energy, Inc. 0.00%
71 AMPS Altus Power, Inc. 0.00%
72 HTM U.S. Geothermal Inc. 0.00%
73 SMR NuScale Power Corporation 0.00%
74 EE Excelerate Energy, Inc. 0.00%
75 CPN Calpine Corporation 0.00%
76 AT Atlantic Power Corporation Ordinary Shares (Canada) 0.00%
77 RGCO RGC Resources Inc. 0.00%
78 OEG Orbital Energy Group, Inc. 0.00%
79 GLBL TerraForm Global, Inc. - 0.00%
80 LFG Archaea Energy Inc. 0.00%
81 PCG Pacific Gas & Electric Co. 0.00%
82 HLGN Heliogen, Inc. 0.00%
83 FNEC First National Energy Corp. 0.00%

Looking for More Information on NJR dividends?

Want to see what other sources are saying about New Jersey Resources Corp's dividends? Try the links below:

New Jersey Resources Corp Common Stock (NJR) Dividend History | Nasdaq
Dividend History for New Jersey Resources Corp (NJR) - Dividend Investor
New Jersey Resources Corp (NJR) Dividend History - Seeking Alpha

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